Renovation and desks for my preschool

Millicent Maina

Utawala,githunguri Location, Kenya

100% repaid

Entrepreneur

Name

Millicent Maina

Member since

June 2013

On-time repayments

422 installments  •  95%

About Me

My name Millicent Nyokabi Maina, I am a lady age 30 years married with two children, I am a business ready and I have a school called Bright Angels Nursery School located at Utawala Githunguri I stay at Githunguri petester the school is doing well and I thank God for that I actively ensures the school runs properly for the bitterness of little Angels Since they are the future leaders I started the School with the aim of making sure Children gain quality Education I learnt that in this area there so many school of high standard and very expensive schools since most of the people in the area are not well up I so is good to have school which is not expensive for the poor who can not afford the expensive school. schools. Since many children could not go to school because of poor background. The Bright Angels Nursery School have given lot of children so hope to join the school which they can afford with quality foundation

My Business

I started the School in the year 2012 and we have about 100 Students in preschool. Most parents in my are prefer my school because its affordable and offer high quality of Education. Currently I have about eight classes which is enough to cater up to class five in the next two years, In the next three year the school will be having a bout 150 students and tenTeachers. There is allot of potential in this area and my school will grow big with time. Currently I make about Ksh 100000 per Month which I use to pay My teachers and pay for the school rent and I remain with a profit for Ksh 20,000 which I use for my dairy needs such as food and paying school for my Son who is in Class four.

Loan Proposal

I wish to apply a loan for expansion and renovate my school and also buy school equipments such as desks and chairs and tables. To renovate the school will cost Kshs 50,000 while the desks, chairs and table will cost Ksh 24,000. Your generous contribution will be highly appreciated.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$820.01

Date disbursed

Apr 9, 2015

Repayment status

On Time

Projected term

17 months

Cost to entrepreneur

Service fee: $41.00

Lenders

R

Raabo

Rungsted, Denmark

W

winfried

Seoul, Republic of Korea

ErikN

Stockholm, Sweden

E

explosionsky

Brooklyn, United States

Ellwood

Wimborne, United Kingdom

R

Rking

Eugene, United States

G

GrandmaMae

Wausau, United States

fairspirit

Utrecht, Netherlands

N

nba1999

Beijing, China

bconrad

Seattle, United States

E

E

Marin county, United States

C

ColoradoEmac

United States

Laparo

Dusseldorf, Germany

H

harriet

United Kingdom

Arne Bachmann

Hamburg, Germany

Tanya

Nelson, New Zealand

PC

Patrick Clavette

Hartford, Wisconsin, United States

jtreyes

United States

JD

Jeff DePree

United States

Sandra

Böblingen, Germany

Oliver Hasenberg

Iserlohn, Germany

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